Mukesh Ambani

Mukesh Ambani
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Mukesh Ambani
Mukesh Ambani
19 April 1957 (age 53)
Born
Aden, Colony of Aden (now Yemen)[1]
Residence Antilia, Mumbai, Maharashtra
Nationality Indian
University of Mumbai
Alma mater
Stanford University, Dropout
Occupation Chairman & MD of Reliance Industries
Net worth US$29.0 billion (2010)[2]
Religion Hindu
Spouse Nita Ambani
Children Akash, Anant, Isha[3]
Relatives Anil Ambani (Brother)
Mukesh Dhirubhai Ambani (born on 19 April 1957) is an Indian business magnate and
the chairman and managing director of Reliance Industries,[4] the largest private sector
enterprise in India, a Fortune 500 company,[5] and one of the largest private sector
conglomerates in the world. His personal stake in Reliance Industries is 48%.[6]
As of July 2010, he is the richest man in Asia[7] and the fourth richest man in the world
with a personal wealth of US$29.0 billion. On 29 October 2007, a strong rally in the
Indian stock market and the appreciation of the Indian rupee boosted the market
capitalisation of all Reliance group companies, making him for a while the world’s
richest man,[8] with net worth climbing to US$63.2 billion leaving Bill Gates behind at
around $56 billion.[9][10] According to Forbes Magazine forecasts, he is expected to regain
the title of the richest man in the world in 2014.[11][12]
Contents
[hide]
• 1 Family and early life

• 2 Personal life
• 3 Career
• 4 Honours and awards
• 5 References
• 6 External links
Family and early life
Antilia as seen from Altamont Road, Mumbai
Mukesh Ambani is the eldest son of Dhirubhai Ambani, the late founder of Reliance
Industries.[13] He has a brother, Anil, and two sisters.
The Ambani family lived in a two bedroom apartment in Bhuleshwar, Mumbai until the
1970s.[14] Dhirubhai Ambani then purchased a 14-floor apartment block called 'Sea Wind'
in Colaba, where Anil his family and Mukesh and his family lived on different floors.[15]
Anil Ambani is also a billionaire and owns a competing company, Reliance Anil
Dhirubhai Ambani Group. The two brothers have had clashes over business.
Personal life
He is married to Nita Ambani and has three children, Akash, Anant and Isha.[16] He owns
the Indian Premier League team, the Mumbai Indians.
They live in a private 27 story building in Mumbai named Antilia.[17] Costing aprox.
US$500–$700 Million, with the increasing price of land, is estimated to be valued at over
US$1 Billion to build. It is claimed to be the most expensive home in history.[18]
Career
He joined Reliance Industries in 1981.[19] He initiated Reliance's backward integration
journey from textiles into polyester fibres and further into petrochemicals, petroleum
refining and going up-stream into oil and gas exploration and production.
Ambani set up one of the largest and most complex information and communications
technology initiatives in the world in the form of Reliance Infocomm Limited (now
Reliance Communications Limited).
Ambani directed and led the creation of the world’s largest grassroots petroleum refinery
at Jamnagar, India, with a current capacity of 660,000 barrels per day (33 million tonnes
per year) integrated with petrochemicals, power generation, port and related
infrastructure.[20]Honours and awards[21]mbani (right) with Ratan Naval Tata and U.S.
Secretary of State Hillary Rodham Clinton
• January 2010: School of Engineering and Applied Science of the University of

Pennsylvania confers him with the Dean's medal.
• Chosen the businessman of the year 2007 by a public poll in India conducted by
NDTV
• Conferred the United States-India Business Council (USIBC) leadership award
for "Global Vision" 2007 in Washington.
• Ranked 42nd among the World's Most Respected Business Leaders and second
among the four Indian CEOs featured in a survey conducted by Pricewaterhouse
Coopers and published in Financial Times, London, November 2004.
• Conferred the World Communication Award for the Most Influential Person in
Telecommunications in 2004 by Total Telecom, October, 2004.
• Chosen Telecom Man of the Year 2004 by Voice and Data magazine, September
2004.
• Ranked 13th in Asia's Power 25 list of The Most Powerful
• Awarded the "Chitralekha Person of the Year Award -- 2007" by Gujarat Chief
Minister Narendra Modi.
• Former Chairman of Indian Institute of Management Bangalore(IIM-B).
• Fishing Diplomat
• Honorary Fellow of IChemE (the Institution of Chemical Engineers)
• In 2010, he was named among the most powerful people in the world by Forbes in
its this year’s list of 68 people "who matter [22]
He is also a member of the International Advisory Board, a globalist think tank

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Mukesh Ambani

From Wikipedia, the free encyclopedia

• 1 Family and early life

Family and early life

Antilia as seen from Altamont Road, Mumbai

• January 2010: School of Engineering and Applied Science of the University of

He is also a member of the International Advisory Board, a globalist think tank

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